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$756,500 Just Listed

  • For Sale
  • Active
  • Multi-Family
  • Updated 4 hours ago

Listed by Charles Burnett | Real Broker LLC | (855) 450-0442

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Solid, turn-key fourplex offering strong cash flow and rental upside, priced at a 7.75% cap rate. An excellent opportunity for both seasoned investors and owner-occupants looking to house-hack and offset their mortgage with rental income. Each spacious 938 SF unit offers 2 bedrooms, 1 bath, in-unit washer/dryer, and a fireplace with secure, common entrance. Three units have recently been updated, two with high-end finishes. Recent exterior improvements include paint, doors, and windows. Generous parking lot with reserved spaces. One unit is intentionally vacant, providing access for showings and flexibility for potential owner-occupant buyers. Convenient location close to amenities makes this a high-demand rental with solid performance and future growth potential.

Full Property Details for 1722 E 56th St

General

  • Price: $756,500
  • Taxes: $8,200 (2025)
  • Status: Active
  • Type: Multi-Family
  • Source: NWMLS
  • MLS ID: 2531562
  • Updated: 5/29/2026
  • Added to Site: 1 day(s) ago

Interior

  • Flooring: Ceramic Tile, Engineered Hardwood, Laminate, Carpet

Parking

  • Uncovered Spaces: 4

Location

  • Area: 61 - Southeast Tacoma
  • County: Pierce
  • Subdivision: Tacoma
  • Driving Directions: South on Pacific Ave to E 56th st, turn left, property located on right side

School Information

  • High School District: Tacoma

Heating & Cooling

  • Cooling Type: None
  • Heating Type: Baseboard

Utilities

  • Sewer: Sewer Connected
  • Water: Public

Structural Information

  • Structure Type: Quadruplex
  • Exterior Const.: Wood
  • Foundation: Poured Concrete
  • Roof: Composition
  • Stories in Building: 2
  • Square Feet: 3,800
  • Year Built: 1983
  • Property Condition: Average

Unit Information

  • Units in Building: 4

Lot Features

  • Property View: Territorial
  • Lot Size (Acres): 0.1607
  • Lot Size (Sq. Ft.): 7,000
  • Lot Size Source: PR
  • Zoning: Multi-Family, Residential

Green Features

  • Energy Efficient: Thermal Windows

Financial Considerations

  • Tax Amount: $8,200
  • Tax Year: 2025
  • Terms: Cash, Conventional, VA Loan

Disclosures and Reports

  • Special Conditions: None
  • Property ID: 5345000031

Listed by Charles Burnett | Real Broker LLC | (855) 450-0442

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Schools serving 1722 E 56th St

School District:Tacoma Public Schools
NameGradesDistance
Sheridan Elementary School, Tacoma, WA
5317 East McKinley Avenue, Tacoma, WA 98404
PK-50.7 mi
First Creek Middle School
1801 East 56th Street, Tacoma, WA 98404
6-80.2 mi
Lincoln High School, Tacoma, WA
701 South 37th Street, Tacoma, WA 98418
9-122.2 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1722 E 56th St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
5/28/2026
Listed
$756,500
8.85%
MLS
3/02/2021
Sold
$695,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 1722 E 56th St

Year
Property Taxes
Change
Tax Assessment
Change
2024
$7,816
—
$797,400
13%
2024
$7,816
1%
$702,600
-6%
2023
$7,766
1%
$748,500
12%
2022
$7,680
5%
$670,300
15%
2021
$7,300
9%
$581,400
18%
2020
$6,685
29%
$493,300
11%
2018
$5,188
—
$444,100
35%
2018
$5,188
17%
$328,600
19%
2017
$4,438
7%
$275,600
12%
2016
$4,135
23%
$245,200
10%
2014
$3,350
—
$223,200
15%
2014
$3,350
—
$194,700
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by Charles Burnett | Real Broker LLC | (855) 450-0442

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1722 E 56th Street, Tacoma, WA 98404 (MLS# 2531562) is a Multi-Family property with 4 units containing 0 bedrooms and 0 full bathrooms. 1722 E 56th Street is currently listed for $756,500 and was received on May 28, 2026. Want to learn more about 1722 E 56th Street? Do you have questions about finding other Multi-Family real estate for sale in Eastside? You can browse all Eastside real estate or contact a Coldwell Banker agent to request more information.

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